About Milestone Buildcon Private Limited
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Milestone Buildcon Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Reco Bangalore Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2005PTC199234. Its GSTIN is 29AAECM8169K1ZR (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹6.17 Cr. It is led by directors including Tanmay Ravi and Anand Narendra Nagda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹268.93 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹32.18 Cr (net margin 12%) and EBITDA of ₹216.32 Cr (EBITDA margin 80.4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹1,400 Cr and satisfied charges of ₹5,683 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 12 deals on record (6 secondary share transfers, 4 funding rounds, 2 acquisitions), with disclosed funding of ₹153.09 Cr; the latest was in March 2024. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is WTC Noida Development Company Private Limited with revenue of ₹270.92 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhartiya.com.
Company details
CIN history
Milestone Buildcon has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45201KA2005PTC199234, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201KA2005PTC199234 | Current |
| U45201TN2005PTC112747 | Previous |
| U45201DL2005PTC142650 | Previous |
Contact details
Milestone Buildcon Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address1st Floor Ub Plaza No. 1 & 2, Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Milestone Buildcon is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Milestone Buildcon Private Limited, buy the company report.
Financials of Milestone Buildcon Private Limited
FY 2025 filings availableMilestone Buildcon Private Limited reported revenue of ₹268.93 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 19% growth in the latest year. EBITDA rose 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹216.32 Cr | ||||
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| Net Profit (PAT) | ₹32.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 80.4% | ||||
| Net Profit Margin | 12% | ||||
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To see the full financial statements and ratios of Milestone Buildcon Private Limited, buy the company report.
Board of directors of Milestone Buildcon Private Limited
Milestone Buildcon has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanmay Ravi Also directs: Inco Jade Private Limited | Director | 30 Oct 2023 | 2 Years 11 Months | Current |
| Anand Narendra Nagda Also directs: Candor Gurgaon One Realty Projects Private Limited, Inco Jade Private Limited, Inco Jade Private Limited and 5 more | Director | 09 Sep 2025 | 1 Years 1 Months | Current |
| Amit Jain | Director | 29 Mar 2023 | 3 Years 7 Months | Current |
| Atul M P Tendulkar Also directs: Inco Jade Private Limited, Inco Jade Private Limited, Striton Properties Private Limited and 1 more | Director | 09 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Milestone Buildcon Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| WTC Noida Development Company Private Limited | ₹270.92 Cr (FY 2022) | 12.0% | New Delhi, Delhi, India | |||
| Trishul Buildtech & Infrastructures Private Limited | ₹269.3 Cr (FY 2025) | 12.0% | Bengaluru, Karnataka, India | |||
| Milestone Buildcon Private Limitedthis company | ₹268.93 Cr (FY 2025) | ₹32.18 Cr | 12% | 19.0% | Bangalore, Karnataka, India | |
| Whispering Heights Real Estate Private Limited | ₹268.67 Cr (FY 2025) | 365.0% | Mumbai, Maharashtra, India | |||
| Sparkle One Mall Developers Private Limited | ₹266.18 Cr (FY 2025) | 194.0% | Mahalaxmi, Mumbai, Maharashtra, India |
To see the full peer comparison of Milestone Buildcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101113877 | Others | ₹200 Cr | Open | |
| 06 Jun 2023 | 100734881 | Others | ₹1,200 Cr | Open | |
| 26 May 2022 | 100577276 | Idbi Trusteeship Services Limited | ₹650 Cr | Satisfied | |
| 29 Mar 2022 | 100565300 | Others | ₹650 Cr | Satisfied | |
| 17 Jan 2022 | 100534463 | Idbi Trusteeship Services Limited | ₹200 Cr | Satisfied |
To see the full charge records of Milestone Buildcon Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Milestone Buildcon Private Limited has 12 deals on record (6 secondary share transfers, 4 funding rounds, 2 acquisitions), with disclosed funding of ₹153.09 Cr; the latest was in March 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Bhartiya Urban Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Reco Bangalore Private Limited Seller: Bhartiya Urban Private Limited |
| Aug 2022 | Secondary share transfer | Undisclosed | Seller: Bhartiya Urban Private Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Bhartiya Infrastructure Private Limited Seller: Bhartiya Urban Private Limited & Manoj Khattar |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: Bhartiya Urban Private Limited Seller: Bhartiya Urban Infrastructure and Land Development Co.Private Limited |
To see the full deal history of Milestone Buildcon Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Milestone Buildcon Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Pasolite Electricals Pvt Ltd | Disposed |
To see the full case history of Milestone Buildcon Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Milestone Buildcon Private Limited was last rated by Icra on 09 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 09 Aug 2021 |
To see the full credit ratings and regulatory alerts of Milestone Buildcon Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Milestone Buildcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Milestone Buildcon has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM8169K1ZR | Karnataka | Active | 01 Jul 2017 |
| 29AAECM8169K2ZQ | Karnataka | Active | 01 Feb 2022 |
To see the full GST registrations and return filing status of Milestone Buildcon Private Limited, buy the company report.
Recent activity
Milestone Buildcon Private Limited has 17 board changes on record since 2007: 4 appointments and 13 cessations. The latest: Anand Narendra Nagda was appointed as Director on 09 Sep 2025.
50 earlier events are in the company report.
Frequently asked questions
Milestone Buildcon is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 November 2005 (21+ years old) and is registered under CIN U45201KA2005PTC199234.
Milestone Buildcon has 4 current directors:
- Tanmay Ravi - Director
- Anand Narendra Nagda - Director
- Amit Jain - Director
- Atul M P Tendulkar - Director
The latest financial statements of Milestone Buildcon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Milestone Buildcon is 29AAECM8169K1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECM8169K2ZQ (Karnataka).
The CIN (Corporate Identification Number) of Milestone Buildcon is U45201KA2005PTC199234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milestone Buildcon has 1 court case on record: 1 filed against it.
Milestone Buildcon was incorporated on 18 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Milestone Buildcon has 12 deals on record (6 secondary share transfers, 4 funding rounds, 2 acquisitions), with disclosed funding of ₹153.09 Cr; the latest was in March 2024.
The peers of Milestone Buildcon by revenue are WTC Noida Development Company Private Limited, Trishul Buildtech & Infrastructures Private Limited, Whispering Heights Real Estate Private Limited, Sparkle One Mall Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Anand Narendra Nagda was appointed as Director on 09 Sep 2025. Anand Narendra Nagda ceased to be Additional Director on 09 Sep 2025. Atul M P Tendulkar was appointed as Director on 09 Sep 2025. Milestone Buildcon has 17 board changes on record in total.
Milestone Buildcon can be reached through the website bhartiya.com. Its registered office is in Bangalore, Karnataka, India.